Anheuser-Busch Retiree Fights Bid To Ax Mortality Rates Suit
Law360 (August 19, 2019, 3:54 PM EDT) -- A former worker for an Anheuser-Busch subsidiary has urged a Missouri federal judge not to toss his proposed class action claiming the beer giant shorted workers by using out-of-date mortality rates to calculate their retirement benefits, saying his claims include enough specifics to warrant keeping the case in court.
On Friday, former Busch Entertainment Corp. worker Michael Duffy hit back at Anheuser-Busch Cos. LLC’s motion to dismiss his Employee Retirement Income Security Act suit challenging the formula used to calculate the pension benefits for certain retirees. He said his suit had put forth “specific facts” showing the plan used misguided mortality...
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